13 Bankers

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13 Bankers is a nonfiction book by economist Simon Johnson that analyzes the rise of powerful financial institutions in the United States and argues that their unchecked influence poses a serious threat to democracy and economic stability.

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Predicate Object
instanceOf book about finance
nonfiction book
analyzes rise of powerful financial institutions in the United States
author James Kwak
Simon Johnson
centralArgument breaking up very large banks is necessary to reduce systemic risk
large U.S. financial institutions have become too powerful and pose a threat to democracy
the U.S. financial sector’s political influence undermines effective regulation
compares modern U.S. financial oligarchy to historical financial elites
countryOfOrigin United States of America
surface form: United States
criticizes close ties between Wall Street and Washington
concentration of financial power
genre economics
financial history
political economy
language English
mediaType audiobook
e-book
print
notableFor policy-oriented critique of Wall Street power
popularizing the idea that big banks threaten democracy
proposes size limits on banks
stronger financial regulation
publicationYear 2010
publisher Pantheon Books
relatedConcept bailouts
financial oligarchy
regulatory capture
too big to fail
relatedEvent 2008 United States housing and financial crisis
surface form: Great Recession
subject United States banking system
Wall Street influence on politics
financial crisis of 2007–2008
financial regulation in the United States
moral hazard in finance
systemic risk
too big to fail banks
timePeriodCovered 2000s U.S. financial boom and crisis
late 20th century U.S. financial deregulation

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Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Simon Johnson notableWork 13 Bankers
James Kwak notableWork 13 Bankers
this entity surface form: 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
James Kwak coWrote 13 Bankers
this entity surface form: 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown